Australian Market Slightly Lower

RTTNews | 572 วันที่ผ่านมา
Australian Market Slightly Lower

(RTTNews) - Extending the losses in the previous session, the Australian stock market is slightly lower on Friday, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 7,100 level, dragged by losses in energy stocks nearly offset by gains in mining and financial stocks.

The benchmark S&P/ASX 200 Index is losing 10.20 points or 0.15 percent to 7,048.20, after hitting a low of 7,045.70 earlier. The broader All Ordinaries Index is down 9.60 points or 0.13 percent to 7,259.90. Australian markets ended notably lower on Thursday.

Among major miners, BHP Group, Fortescue Metals, Mineral Resources and Rio Tinto are edging up 0.4 to 0.5 percent each. Oil stocks are mostly lower. Santos is losing almost 1 percent, Woodside Energy is declining more than 2 percent and Beach energy is down more than 1 percent, while Origin Energy is gaining almost 1 percent.

Among tech stocks, Afterpay owner Block, Appen and Xero are edging up 0.4 to 0.5 percent each, while WiseTech Global is gaining almost 1 percent and Zip is adding almost 2 percent.

Among the big four banks, Commonwealth Bank is edging up 0.2 percent, while ANZ Banking, National Australia Bank and Westpac are losing almost 1 percent each. Gold miners are mostly higher. Northern Star Resources is gaining more than 3 percent, Evolution Mining is surging more than 5 percent, Resolute Mining is adding almost 2 percent, Gold Road Resources is advancing more than 4 percent and Newmont is up 1.5 percent.

In the currency market, the Aussie dollar is trading at $0.647 on Friday.

On Wall Street, stocks turned in a relatively lackluster performance during trading on Thursday after moving sharply higher over the past few sessions. The major averages spent most of the session modestly below the unchanged line but ended the day narrowly mixed.

The Dow closed down 45.74 points or 0.1 percent at 34,945.47, while the Nasdaq crept up 9.84 points or 0.1 percent to 14,113.67 and the S&P 500 inched up 5.36 points or 0.1 percent to a more than two-month closing high of 4,508.24.

The major European markets also ended mixed on the day. The U.K.'s FTSE 100 Index slumped by 1.0 percent and the French CAC 40 Index slid by 0.6 percent, although the German DAX Index bucked the downtrend and edged up by 0.2 percent.

Crude oil prices fell sharply Thursday on fears of a likely drop in energy demand after soft data from the U.S., Europe and Asia raised worries about an economic slowdown. West Texas Intermediate Crude oil futures for December tumbled $3.76 or 4.9 percent at $72.90 a barrel.

read more
U.S. Consumer Prices Inch Up 0.1% In May, Slightly Less Than Expected

U.S. Consumer Prices Inch Up 0.1% In May, Slightly Less Than Expected

A closely watched report released by the Labor Department on Wednesday showed a slight increase by consumer prices in the U.S. in the month of May. The Labor Department said its consumer price index inched up by 0.1 percent in May after rising by 0.2 percent in April. Economists had expected another 0.2 percent increase.
RTTNews | 1 ชม. 14 นาทีที่ผ่านมา
Bay Street Seen Opening On Mixed Note

Bay Street Seen Opening On Mixed Note

It's likely to be a mixed start for Canadian shares on Wednesday with investors reacting to the crucial U.S. consumer price inflation data, and the developments on the trade front where U.S. and Chinese official reached a framework to implement the Geneva consensus following two days of discussions in London.
RTTNews | 2 ชม. 1 นาทีที่ผ่านมา
CAC 40 Drifts Lower In Cautious Trade

CAC 40 Drifts Lower In Cautious Trade

The French market is down in negative territory Wednesday afternoon, with stocks moving in a narrow range as investors await further details on U.S.-China trade talks, and the crucial inflation data from the U.S. later in the day.
RTTNews | 3 ชม. 10 นาทีที่ผ่านมา
Euro Rises Amid Risk-on Mood

Euro Rises Amid Risk-on Mood

The euro strengthened against other major currencies in the European session on Wednesday amid increased risk-on mood, as investors monitored the latest updates from Sino-U.S. talks and awaited crucial U.S. inflation data for direction. After two days of discussions in London, U.S. and Chinese officials have agreed on a limited framework to put their trade truce back on track.
RTTNews | 4 ชม. 17 นาทีที่ผ่านมา
Euro Rises Against Majors

Euro Rises Against Majors

The euro strengthened against other major currencies in the European session on Wednesday.
RTTNews | 4 ชม. 26 นาทีที่ผ่านมา
Sensex, Nifty End Modestly Higher; IT Stocks Lead Gains

Sensex, Nifty End Modestly Higher; IT Stocks Lead Gains

Indian shares eked out modest gains on Wednesday as markets assessed the outcome of high-level U.S.-China talks and awaited key U.S. inflation readings for additional clues on the Federal Reserve's rate trajectory.
RTTNews | 4 ชม. 27 นาทีที่ผ่านมา